Payment Received from Abroad
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 July 2011
Suppose somebody received 2million US Dollar in their bank account from abroad as a loan what are the legal fomalties,tax liabilities & foreign exchange rules & liabilities against this receipt of that person against Indian law & Foreign Law.
10 July 2011
Why and how you have received is the vital question.
Is it through automatic route or government route.
Whether permission has been taken from RBI.
Be specific to get proper reply
Is it through automatic route or government route.
Whether permission has been taken from RBI.
Be specific to get proper reply
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